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Trump plan to cap credit card costs hits bank shares
Shares in banks and credit card firms have fallen after US President Donald Trump called for credit card costs to be capped. On Friday, Trump wrote on Truth Social that interest rates on cards should be limited to 10% for one year from 20 January. He did not specify how such a cap might be…
A 45% school bus fare hike is too much, says Coventry dad
A dad-of-two wants a bus operator to reconsider its charges for a popular school route amid plans for a huge fare hike. Ambi Ambituuni’s daughter currently uses the 85 bus operated by National Express to travel between her home in Coventry and her school in Rugby – journeys costing £165 a term. From January 2,…
The one measure that can tell us a lot about the state of the UK economy
Faisal IslamEconomics editor Reuters Shoppers on Oxford Street during the Boxing Day sales A new year, a new beginning. The latest monthly figures on the economy hardly confirm a change of gear, but nor do they back up the worst doom-mongers claiming decline and recession. It is neither doom nor boom, but a new year…
Data centres: The new tech stopping chips from overheating
Chris BaraniukTechnology Reporter The Washington Post via Getty Images Data centres can’t function without cooling systems They work 24/7 at high speeds and get searingly hot – but data centre computer chips get plenty of pampering. Some of them basically live at the spa. “We’ll have fluid that comes up and [then] shower down, or…
Greenland: How could Europe respond to Trumps tariffs threat?
Dearbail Jordan, Theo Leggettand Jonathan Josephs,BBC Business News Getty Images EC President Ursula von der Leyen struck a deal with Donald Trump last year Donald Trump’s threat on Saturday to impose tariffs on eight European countries unless they support his plan to buy Greenland came as a shock. The US president said he would introduce…
